Citadel Advisors LLC Trims Holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF $SHM

Citadel Advisors LLC decreased its position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF (NYSEARCA:SHM) by 64.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 20,113 shares of the company’s stock after selling 36,205 shares during the period. Citadel Advisors LLC’s holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF were worth $965,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Bank of America Corp DE boosted its position in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 3.9% in the first quarter. Bank of America Corp DE now owns 21,326,865 shares of the company’s stock worth $1,020,064,000 after purchasing an additional 795,560 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of SPDR Nuveen ICE Short Term Municipal Bond ETF by 3.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,950,388 shares of the company’s stock valued at $141,589,000 after buying an additional 109,552 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF by 9.4% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,732,033 shares of the company’s stock worth $82,843,000 after buying an additional 148,431 shares during the period. LPL Financial LLC boosted its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF by 6.4% in the 4th quarter. LPL Financial LLC now owns 844,750 shares of the company’s stock worth $40,540,000 after buying an additional 51,183 shares during the period. Finally, Financial Engines Advisors L.L.C. boosted its holdings in SPDR Nuveen ICE Short Term Municipal Bond ETF by 2.0% in the 3rd quarter. Financial Engines Advisors L.L.C. now owns 673,357 shares of the company’s stock worth $32,469,000 after buying an additional 13,047 shares during the period. Hedge funds and other institutional investors own 99.65% of the company’s stock.

SPDR Nuveen ICE Short Term Municipal Bond ETF Trading Down 0.2%

Shares of SHM stock opened at $47.30 on Friday. The stock has a fifty day simple moving average of $47.69 and a two-hundred day simple moving average of $47.85. SPDR Nuveen ICE Short Term Municipal Bond ETF has a 52-week low of $47.22 and a 52-week high of $48.51.

SPDR Nuveen ICE Short Term Municipal Bond ETF Profile

SPDR Nuveen Barclays Short Term Municipal Bond ETF (the Fund), formerly SPDR Nuveen Barclays Capital Short Term Municipal Bond ETF, correspond generally to the price and yield performance of the Barclays Capital Managed Money Municipal Short Term Index (the Index). The Fund uses a passive management strategy designed to track the Index. The Index tracks publicly traded municipal bonds that cover the United States dollar-denominated, short-term tax exempt bond market, including state and local general obligation bonds, revenue bonds, insured bonds and pre-refunded bonds.